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In Financial Services, $DE said its 2016 net income attributable to the company is now expected to be about $480MM. Also, cost of sales as a percent of net sales is expected at 79% for the year. In 2Q16, R&D was up 1% and for 2016 $DE expects R&D to be down about 1% with approx. 1 point of negative currency translation.
Can you imagine a food store with no cash registers? Well, it is coming true soon thanks to $AMZN. The company is opening its new grocery store in Seattle and it has no cash registers. AI takes over!
$AVGO reports 4Q earnings today. I am wondering what to expect.
$SHLD seems to be rolling down the curve, it has been reporting net loss for the past many quarters. The Company Board seems to be doing nothing to stem this trend.